NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹29.13
0.06%
NAV as on 04 Feb 26, 12:00 AM
very high risk
sectoral banking
equity
NAV as on 04 Feb 26, 12:00 AM
very high risk
sectoral banking
equity
17.27%p.a.
Last 1Y
11.48%p.a.
Last 3Y
9.15%p.a.
Last 5Y
10.23%p.a.
Since Inception
About ICICI Prudential Nifty Private Bank ETF - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty Private Bank ETF - Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Sectoral-Banking mutual fund scheme that predominantly invests in Sectoral-Banking stocks of companies. Launched on Aug 2019, ICICI Prudential Nifty Private Bank ETF - Growth is Sectoral-Banking fund of its category with 3,379.4 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Sectoral-Banking funds.
- ICICI Prudential Nifty Private Bank ETF - Growth delivered 17.3% annual returns during the last year. It has delivered 10.2% average annual returns since the fund was launched.
- ICICI Prudential Nifty Private Bank ETF - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The scheme seeks to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.
Top 10 Holdings
Axis Bank Ltd
19.70%
The Federal Bank Ltd
4.96%
HDFC Bank Ltd
21.11%
ICICI Bank Ltd
21.01%
Indusind Bank Ltd
4.29%
Kotak Mahindra Bank Ltd
19.39%
Yes Bank Ltd
2.86%
RBL Bank Ltd
1.43%
Repo
0.85%
Net Current Assets
0.18%
Fund Managers
- Ashwini Jemin Bharucha (Nov 2024 - Present)
- Ajay Kumar Solanki (Feb 2024 - Present)
- Kayzad Eghlim (Aug 2019 - Present)
- Nishit Patel (Jan 2021 - Present)
- Venus Ahuja (Nov 2025 - Present)
Key Information
View Scheme Document
ICICI Prudential Nifty Private Bank ETF - Growth SIP Calculator
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NRI Mutual Fund Tax on ICICI Prudential Nifty Private Bank ETF - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in ICICI Prudential Nifty Private Bank ETF - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Nifty Private Bank ETF - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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